The Herald Court Centre, Punta Gorda's Premier Business Location

Retail-Commercial for Lease
Lease Pending/Contingent
Catylist Listing ID: 26641624
Property Subtypes: Free-Standing Building, Restaurant, Street Retail, Tavern/Bar/Nightclub
Status: Pending/Contingent
Contiguous Space: 1,591 - 2,849 SF
Total Available: 4,440 SF
Building Size (RSF): 12,600 SF
Gross Land Area: 1.16 Acres
Lease Rate: $16 PSF (Annual)
Base Monthly Rent: $2,121 - 3,798
Lease Types: Modified Gross
Building Name: The Herald Court Centre
Last Updated: 7/10/2018

Overview / Comments

Herald Court Centre in located beautiful downtown Punta Gorda is a Premier Class A building at a major intersection of 2 US Highways (17 & 41). The traffic count is between 28,412 to 30,187 vehicles daily. Units from 1,401 to 2,849 sqft. Zoned CC, City Center. 400+ space covered parking. The Herald Court Centre is open to all types of businesses allowed under City Center zoning. The City of Punta Gorda Community Redevelopment Agency (CRA) is the owner of the building and desires businesses in the Centre which support the lifestyle of our citizens in the City & surrounding communities. For instance, the CRA would prefer shops selling retail items, food & beverage stores, indoor amusement centers, card or book stores, gifts & floral shops, bars/lounges, coffee shops, restaurants/cafes including sidewalk seating, & music clubs. Also, appropriate would be mens/womens/childrens clothing or quality fashions shop, footware, urban outfitters, specialty furniture or office supply, toys & games retail, sports equipment, tennis & golf schools, hobby & craft retail, white goods, jewelry stores, pet supplies, health & personal care shops, used merchandise shops, art dealers, and party & holiday stores. Current tenants are Moran Stanley Smith Barney, Florida Gulf Coast University, Subway, Othersideink, The Foot Landing & Artisans Atelier. A $35 per sqft. Tenant Improvement Allowance is available for the undeveloped portion or 2,849 sqft. of this building.

Expand All 2 Spaces Available

Suite: 1D or #118 1,591 SF $16 PSF (Annual) Modified Gross
Suite: Unit 1B (Remainder of open floor space.) 2,849 SF $16 PSF (Annual) Modified Gross

Additional Details

Nearest MSA: Punta Gorda
County: Charlotte
Taxing Authority: City of Punta Gorda
Tax ID/APN: 412306378005
Market Type: Medium
Property Located Between: US-17/Olympia Ave, US-41/Tamiami Trl (Cross St.) & Herald Court.
Side of Street: West
Road Type: Paved, Highway
Property Visibility: Excellent
Transportation: Highway
Highway Access: US-17, US-41, as well as, Herald Ct. and Taylor St.
Airports: Punta Gorda Airport
Site Description: New premier business location in downtown Punta Gorda. 4 story building/parking garage for 400 cars. Ground street front units available fronting 3 streets.
Area Description: Heart of beautiful downtown Punta Gorda. Major corner location on two US Highways.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 4
Typical SF / Floor: 12,600 SF
Property Condition: Excellent
Year Built: 2009
Roof Type: Flat
Construction/Siding: Concrete - Tilt up
Exterior Description: Brick exterior
Total Parking Spaces: 400
Parking Type: Structure
Parking Description: Ramp at west end or northwest end of building accessing three upper floors of parking.
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Interior Description: Two units completed and available for reuse or modification/renovation. I unit of 2,842 sqft. available for development to tenants needs.
Zoning Description: City Center - The City Center District is provided to encourage the redevelopment and expansion of the traditional town center. A broad array of uses is expected in a pattern which integrates shops, restaurants, services, work places, civic, educational, and religious facilities, and higher density housing in a compact, pedestrian-oriented environment. The City Center anchors the surrounding residential neighborhoods while also serving the broader community. The district is coded to accommodate the higher overall intensity of development required to support a City. It is to be expected that the City Center District will be expanded over time to meet growth in demand for downtown facilities and services.
Lot Frontage: 482
Lot Depth: 295

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,425 23,332 65,748
Median Age: 61.01 58.44 54.58
Households: 1,733 11,432 30,725


Photograph of Listing Agent

Lindsay Harrington

MFCRE Member
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